Towards the Economics of Comparative Law: the ‘Doing Business’ Debate
Abstract
The centrality of institutional determinants for economic performance has recently
flourished in the economic policy debate. ‘Doing Business’ is a project launched in 2004 by
the World Bank with the aim of providing objective measures of business regulation and
enforcement across the world. Several legal and economic scholars have questioned the
reliability of Doing Business indicators, the methodology and the theoretical background.
We discuss the main critics raised and the potential of the World Bank project towards
the economic analysis of comparative law.
flourished in the economic policy debate. ‘Doing Business’ is a project launched in 2004 by
the World Bank with the aim of providing objective measures of business regulation and
enforcement across the world. Several legal and economic scholars have questioned the
reliability of Doing Business indicators, the methodology and the theoretical background.
We discuss the main critics raised and the potential of the World Bank project towards
the economic analysis of comparative law.
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Department of Law - University of Perugia
Via Pascoli, 33 - 06123 Perugia (PG) - Telephone 075.5852401
Comparative Law Review is registered at the Courthouse of Monza (Italy) - Nr. 1988 - May, 10th 2010.
Editors - Prof. Giovanni Marini, Prof. Pier Giuseppe Monateri, Prof. Tommaso Edoardo Frosini, Prof. Salvatore Sica, Prof. Alessandro Somma, Prof. Giuseppe Franco Ferrari, Prof. Massimiliano Granieri.
Direttore responsabile:Alessandro Somma